To address global poverty - do we really not have enough resources or do we not have the right tools to allocate our resources?
The tools of finance, when applied correctly, can be an enabler of social and environmental outcomes. This course is designed to give you the ability to build innovative financing strategies that work towards outcomes such as financial inclusion, access to energy and access to education. The innovative finance process has five key components. It starts with identifying the outcomes you are looking to achieve and next moves on to due diligencing your issue area using techniques like design thinking to make sure you are designing with the end user. Next you must map all of the resources available for your outcome and then discover opportunities to augment these through business model innovation, multi-stakeholder partnerships and innovative financial structures. Finally, the last step is to put all of these pieces together to design an innovating financing strategy.
Each week dives into a component of the process using examples and real case studies from social entrepreneurs, non-profits, development funders, impact investors, governments, foundations and more. Over five weeks you’ll learn about new types of revenue creation, financing approaches, business models and partnerships. By the end of the course, you’ll have the ability to hack finance for social change.
Watch the course trailer https://www.youtube.com/watch?v=tSMUoCJgqkw

從本節課中

Choosing Your Issue Area

Welcome to week 1 of Innovative Finance. We are going to define what innovative finance is and why we need to innovative around financing for social impact. The seven themes of impact we use are housing, health, education, financial inclusion, agriculture, energy, and water, sanitation and hygiene. You will be introduced to case studies: a social enterprise, impact investor, foundation, non-profit and government who are each building innovative financing strategies. You will understand why these organisations were created and the issue areas they have chosen. At this point you’ll need to start thinking about which of these areas resonates to an issue area you want to address. This is the first building block in guiding you to create an innovative financing strategy.